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An accredited investor is someone who has $1,000,000 of net assets or $300,000 in earnings each of the last two years. If you are not an accredited investor please disregard this page and refer to Univenture.com for information relating to the company. We are not taking any investment from non-accredited investors.

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Recent Events

Senator Karen Gillmor, Agricultural Leaders To Launch Buy “Buy-Ohio” Campaign

Thursday, June 18th, 2009

Columbus, OH – On Friday, June 19, 2009, at 9:30 a.m., State Senator Karen Gillmor (R-Tiffin) and representatives of the Ohio Farm Bureau Federation, the Ohio Soybean Council, the Ohio Corngrowers Association and the Ohio Bioproducts Innovation Center (OBIC) will officially kickoff their campaign to promote expanded use of commercial and industrial products composed from biological products, including renewable agricultural materials, like plant, animal and marine materials, or forestry materials. Not only are these products environmentally friendly, but also provide a growing market for Ohio agriculture.

Ross O. Youngs, inventor and CEO of Univenture, Inc., will be on hand to provide examples of his environmentally friendly packaging materials, made from agricultural products and in Marysville, Ohio. Many other companies in Ohio are also leading the way in bioproducts development and marketing, including Battelle, who will also have a representative at Friday’s event.

All participants support Senate Bill 131, legislation recently introduced by Senator Gillmor that would implement a purchasing preference program in Ohio, similar to the federal BioPreferred Products Program, for the acquisition of supplies by government agencies. Gillmor provided sponsor testimony on SB 131 before the Senate Agriculture Committee this morning.

-30-
Media Contact:
Erica M Pitchford
614.466.8049

buy-ohio

Senator Gillmor provides sponsor testimony before the Senate Agriculture Committee on SB 131. As an example of a bio-based product her legislation works to promote, Senator Gillmor is holding a soy-based lubricant, similar to WD-40, that is made right here in Ohio.

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Algal Biofuels Technology Roadmap Workshop Summary of Event

Thursday, December 11th, 2008

Test Tubes of AlgaeThe U.S. Department of Energy, Office of Energy Efficiency and Renewable Energy (EERE) Office of the Biomass Program conducted an Algal Biofuels Technology Roadmap Workshop on December 9-10 at University of Maryland, Inn and Conference Center.
The format followed similar roadmap workshops conducted by the Department of Energy in order to bring together various parties mostly consisting of researchers from national labs and universities along with some companies involved in development and commercialization.  This format consisted of presentations and breakout sessions designed to directly engage the participants in order to provide a consolidation of knowledge.  The Department of Energy, using their labs NREL and Sandia, will then write the Roadmap draft document and provide a geographic resource model of algal growth based on a number of factors.  The DOE summary of the event can viewed at https://www.orau.gov/algae2008/summary.pdf.

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AlgaeVS attends Algal Biomass Summit

Friday, October 24th, 2008

Biomass SummitRoss Youngs and Jim Cook were among the 700 attendees, representing more than 12 countries, who came together to discuss algae’s future in renewable energy. This record group of algae producers, scientists, investors and policy-makers left the meeting with the new ideas, partnerships and renewed vigor for developing the algae industry. Other attendees from Ohio included Dr. Ben Stuart from Ohio University and Dr. Joanne Belovich from Cleveland State University.
Many of the world’s leading scientists, technologists and process engineers shared data, findings and conclusions from their testing, projects and studies. Others shared innovative ideas, insights and opinions about technology, business, and the industry. The meeting also provided an open forum to discuss successes, challenges and to make recommendations for moving the industry forward.
The summit also provided great opportunities for business networking. Not only was there ample time built into the event, the caliber of the participants and the range of attendees across the spectrum of the industry were tremendous. The conference was extremely productive for business connections that could lead to future collaborations. It was definitely a benchmark meeting in the algae industry and our attendance is bound to help our national standing.

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Spreading the word and growing partnerships at Van Wert Algae Seminar

Friday, July 25th, 2008

July 24 – The Van Wert County Department of Economic Development hosted a two hour seminar featuring presentations by AlgaeVS’s Ross Youngs, Dr. Joseph Hager of EMTEC, and Ron Erd of Independence Bio Products.
The room was filled to capacity with attendees from across the State of Ohio as Nancy Bowen, Van Wert Economic Development Director, introduced the panel and moderated the event.

Ross Youngs, Dr. Joseph Hager and Ron Erd Present at Van Wert Algae Seminar

Ross Youngs, Dr. Joseph Hager and Ron Erd Present at Van Wert Algae Seminar

View Ross’s Seminar Slides
Van Wert Times-Bulletin

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Ross Featured as Luncheon Speaker at PolymerOhio ETF

Thursday, July 24th, 2008

July 23 – PolymerOhio Emerging Technology Forum. Ross discussed the market forces driving bio-products including bio-plastics for packaging, the markets, customers, and products along with the requirements for success in the sustainable plastic arena. He also explored the future outlook for the industry. View Ross’s Slides

July 21 – Following a Union County press conference at the Economic Development office, Ross discussed AlgaeVenture Systems personally with Senator Voinovich.

July 17 – Team members participated in the National Algae Association Business Roundtable, Research and Networking Forum on Algae Commercialization.

Van Wert Algae Seminar – approx. 36 minutes Questions for panelists

Other recent discussions and briefings include:

  • OSU-College of Engineering
  • Van Wert BioFuel
  • University of Cincinnati
  • PolymerOhio
  • OBIC site visit
  • Battelle regarding algae oil conversion
  • Miami University and Ashland Chemical visited AlgaeVS
  • Union County Economic Development and City Administration
  • Cincinnati Zoo
  • Phase 3 Developments
  • Advanced Biological Marketing
  • Ongoing meetings with potential investors
  • A number of industrial companies
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